These are professionals with additional training and a stricter code of ethics.

Remaining principle on the mortgage was paid by Flock at closing ( ~60K), so my shares at Flock represent the equity in the home that I’d accumulated from appreciation and principal repayment over the last 17 yrs.I like their approach/strategy.

You need to make decisions using the same principles as retailers.One goal of a rental property is to have a reliable income.

This was a fascinating thread to read, and we apply many of the same principles in our business (managing student multi-family ~500 beds spread across 8 properties).

But you're buying in a high appreciating area so it may be worth having renters water down your principle while you appreciate.

It's like whoever created this has only experienced life from a textbook and has no basic understanding of real life and basic business principles. 

Also, remember that around 11-13% of your payment goes towards principle each month.

and throw it at our principle on our SD property.I’d prefer to 1031 the property or Air B and B it . 

We at 1031CF analyze deals based on the asset type geographical location and it’s economic ability to overcome the upfront expense so that principle can attempt to be protected prior to suggesting any DST.We are licensed advisors but also have over 20 years in the commercial real estate.Again great conversation!

I love to see the debt lowered every month with principle payments.